GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aspen Aerogels Inc (NYSE:ASPN) » Definitions » Cyclically Adjusted PS Ratio

Aspen Aerogels (Aspen Aerogels) Cyclically Adjusted PS Ratio : 4.07 (As of May. 16, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Aspen Aerogels Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Aspen Aerogels's current share price is $26.205. Aspen Aerogels's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $6.44. Aspen Aerogels's Cyclically Adjusted PS Ratio for today is 4.07.

The historical rank and industry rank for Aspen Aerogels's Cyclically Adjusted PS Ratio or its related term are showing as below:

ASPN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 2.42   Max: 10.43
Current: 3.94

During the past years, Aspen Aerogels's highest Cyclically Adjusted PS Ratio was 10.43. The lowest was 0.85. And the median was 2.42.

ASPN's Cyclically Adjusted PS Ratio is ranked worse than
91.3% of 1276 companies
in the Construction industry
Industry Median: 0.65 vs ASPN: 3.94

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Aspen Aerogels's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.247. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $6.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspen Aerogels Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aspen Aerogels's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aspen Aerogels Cyclically Adjusted PS Ratio Chart

Aspen Aerogels Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.98 8.30 1.85 2.45

Aspen Aerogels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.15 1.22 1.33 2.45 2.73

Competitive Comparison of Aspen Aerogels's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Aspen Aerogels's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aspen Aerogels's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aspen Aerogels's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Aspen Aerogels's Cyclically Adjusted PS Ratio falls into.



Aspen Aerogels Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Aspen Aerogels's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.205/6.44
=4.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Aspen Aerogels's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Aspen Aerogels's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.247/131.7762*131.7762
=1.247

Current CPI (Mar. 2024) = 131.7762.

Aspen Aerogels Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.766 100.560 11.487
201409 1.106 100.428 1.451
201412 1.217 99.070 1.619
201503 1.022 99.621 1.352
201506 1.309 100.684 1.713
201509 1.368 100.392 1.796
201512 1.633 99.792 2.156
201603 1.423 100.470 1.866
201606 1.199 101.688 1.554
201609 1.276 101.861 1.651
201612 1.191 101.863 1.541
201703 0.989 102.862 1.267
201706 1.073 103.349 1.368
201709 1.160 104.136 1.468
201712 1.548 104.011 1.961
201803 0.979 105.290 1.225
201806 0.913 106.317 1.132
201809 1.005 106.507 1.243
201812 1.497 105.998 1.861
201903 1.166 107.251 1.433
201906 1.224 108.070 1.493
201909 1.466 108.329 1.783
201912 1.924 108.420 2.338
202003 1.128 108.902 1.365
202006 0.929 108.767 1.126
202009 0.905 109.815 1.086
202012 0.851 109.897 1.020
202103 1.004 111.754 1.184
202106 1.111 114.631 1.277
202109 0.934 115.734 1.063
202112 0.963 117.630 1.079
202203 1.166 121.301 1.267
202206 1.296 125.017 1.366
202209 0.928 125.227 0.977
202212 1.209 125.222 1.272
202303 0.659 127.348 0.682
202306 0.695 128.729 0.711
202309 0.876 129.860 0.889
202312 1.203 129.419 1.225
202403 1.247 131.776 1.247

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Aspen Aerogels  (NYSE:ASPN) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Aspen Aerogels Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Aspen Aerogels's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Aspen Aerogels (Aspen Aerogels) Business Description

Traded in Other Exchanges
N/A
Address
30 Forbes Road, Building B, Northborough, MA, USA, 01532
Aspen Aerogels Inc is an aerogel technology company that designs, develops and manufactures high-performance aerogel insulation used in the energy infrastructure, building materials and electric vehicle markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. Some of its products include Pyrogel XTE; Cryogel Z; and others.
Executives
Gregg Landes officer: VP, Innovation & Strategic Dev C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Keith L Schilling officer: Sr. Vice President, Technology 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
Santhosh P Daniel officer: Chief Accounting Officer C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Steven R Mitchell director C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Stephanie Pittman officer: Chief Human Resources Officer C/O ASPEN AEROGELS, INC., 30 FORBES RD., BUILDING B, NORTHBOROUGH MA 01532
Mark L Noetzel director 1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
Donald R Young director, officer: President and CEO C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
James E Sweetnam director DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
Kathleen Kool director 8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Virginia Johnson officer: CLO, GC and Secretary 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Ricardo C. Rodriguez officer: SVP, CFO & Treasurer C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Robert M. Gervis director 1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
Kelley Conte officer: Vice President,Human Resources C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532